SBI Nifty 500 Index Fund Direct Growth

SBI Nifty 500 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Viral Chhadva is the Current Fund Manager of SBI Nifty 500 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹11,84,452 Cr and the Latest NAV as of 10 Oct 2025 is ₹9.69. The SBI Nifty 500 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.25%, if redeemed within 15 days. ;

Investment Objective

The scheme seeks to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. ;